2 Wyndella Road,
Lochinvar, NSW 2321
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Colliers - Newcastle
Ground Floor, 18 Honeysuckle DriveNEWCASTLE, NSW 2300
2 Wyndella Road
Lochinvar, NSW 2321
Detailed listing
Map of 2 Wyndella Road
Strategically located site in identified urban growth area
- Identified area for urban growth
- High population growth precinct
- Zoned RU2 Rural Landscape
The property comprises a 4.171 hectare* site with potential residential development upside, strategically located on a key intersection between the Lochinvar and Anambah Urban Release Areas.
The site is currently zoned RU2 Rural Landscape, however is within a future investigation area and identified in the Hunter Regional Plan 2041. The property is currently improved with a brick veneer home, sheds, garage, stables and equine arena.
The population of the city is forecast to grow by an additional 54,800* residents, with an average annual growth rate of 2.4%* to home over 144,550 residents by 2041 (DPE 2022). The annualised growth rate from 2016-2021 was 2.7%*, compared to 1.0% for the Newcastle LGA and 1.3%* for the Hunter Region.
There has been a spike in pricing within the Maitland LGA over 2022 and 2023 due to increased net migration to regional markets post Covid-19, with our research indicating that serviced residential land in the western corridor of the Maitland LGA had a compound annual growth rate (CAGR) of 10.15%* from 2015–2023.
The property is For Sale by Expressions of Interest closing Thursday 9 May 2024 at 4pm (AEST).
For more information, please contact Peter Macadam or Ben Robinson.
*Approximate
The site is currently zoned RU2 Rural Landscape, however is within a future investigation area and identified in the Hunter Regional Plan 2041. The property is currently improved with a brick veneer home, sheds, garage, stables and equine arena.
The population of the city is forecast to grow by an additional 54,800* residents, with an average annual growth rate of 2.4%* to home over 144,550 residents by 2041 (DPE 2022). The annualised growth rate from 2016-2021 was 2.7%*, compared to 1.0% for the Newcastle LGA and 1.3%* for the Hunter Region.
There has been a spike in pricing within the Maitland LGA over 2022 and 2023 due to increased net migration to regional markets post Covid-19, with our research indicating that serviced residential land in the western corridor of the Maitland LGA had a compound annual growth rate (CAGR) of 10.15%* from 2015–2023.
The property is For Sale by Expressions of Interest closing Thursday 9 May 2024 at 4pm (AEST).
For more information, please contact Peter Macadam or Ben Robinson.
*Approximate
Property ID: 504553888Last Updated: 16 Aug 2024
Colliers - NewcastleGround Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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